The Morning Ledger: Earnings Season Brings Little Cheer

News Editor

The earnings parade kicks off this week, but it’s not looking very festive. After 11 straight quarters of growth, analysts expect earnings per share for S&P 500 companies to fall 2.7%. That’s a big turnaround considering that just three months ago they were expecting growth of 1.9%, the FT notes.

Nearly across the board, mid-market executives are hiring new employees, buying new technology solutions, acquiring businesses to reach new markets and preparing IPOs, according to a Deloitte survey of more than 500 mid-market executives. But companies are running up against a number of constraints as they seek to expand, particularly in acquiring and retaining skilled talent.